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The Market For “Lemons” In Financial Advice: How Higher Standards Can Lower Costs And Increase Access To Advice

Nerd's Eye View

In a now-famous 1970 paper, economist George Akerlof used the market for used cars to demonstrate the negative effects that can occur when there are significant information asymmetries between buyers and sellers of a good or service.

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What Do Financial Adviser Designations Mean? What are the Letters after a Name?

Carson Wealth

I could also be fairly sure that Tammy is a licensed insurance agent and that she has access to sophisticated software tools and may or may not engage in financial planning. I would need more information before being able to discern if Tammy is a fiduciary and as such, would be required to act in her client’s best interest. .

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List of Financial Advisors for small accounts

Sara Grillo

Pure fiduciaries These are advisors who hold no insurance or brokerage licenses and are considered pure fiduciaries. Note: Ryan holds both insurance and FINRA licenses. Services: Investment management, retirement planning, fee-based financial planning Note: Rodolfo holds insurance and FINRA licenses. 56 Capital Partners www.56capitalpartners.com

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A Guide to the 4 Types of Tax Preparers

Harness Wealth

We’ll dive into what a tax advisor does, and help you make an informed decision about which type of tax professional is right for you. CPAs are licensed by state boards of accountancy in the state where they practice. Additionally, after passing exams, CPAs are required to meet continuing education standards in their state.

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Don’t be tricked by 8% eternal Universal Life Insurance Interest Rates!

Sara Grillo

There is no securities license required to sell it. This is an expose of the entire universal life insurance industry and his decade-long research project to save millions of consumers and their lapsing policies makes him one of our country’s most important and ethical whistleblowers. That is a mathematical impossibility.

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How Financial Advisors Can Scale Business Without Burnout

Indigo Marketing Agency

Simplify Your CRM Action: Spend an hour customizing your CRM dashboard to show only the most critical information you need daily, such as upcoming tasks and client birthdays. For step-by-step information and strategies to take your email marketing to the next level, take a look at The Ultimate Guide to Email Marketing for Financial Advisors.

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The Importance of a Certified Financial Planner (CFP) for Your Financial Planning

WiserAdvisor

Unlike the average investor or other financial professionals, a CFP is a licensed expert in areas like estate planning, taxes, retirement, insurance, and investment planning. The purpose of a CFP is to bridge this gap and act as a reliable source of information to help people achieve their life goals. 4,000 hours) as an apprentice.